Cellular IoT Module Market Insight – Q3 2023
Overview:
- Global cellular IoT module shipments decreased by 2% in Q3’23 compared to Q3’22.
- Quectel, Fibocom and China Mobile are the top three players globally in terms of shipments.
- Telit Cinterion is the only international brand in the top 5 IoT module vendor rankings.
- Smart meters, automotive and POS were the top three applications during Q3 2023.
- Global cellular IoT module shipments to grow at a CAGR of 11% between 2023 – 2030.
Table of Contents:
- Executive Summary
- Overview
- Changes – Current vs Prior
- Regional Dynamics
- Forecast Analysis
- Featured Reports
Published Date: December 2023
Category
Industry
IoT
Service
IoT Modules Premium
Report Type
Report
Time Period
Quarterly
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Author
Hanumant Pawar
Hanumant Pawar, in Counterpoint's IoT research, focuses on the cellular IoT module market and applications like smart meters and point-of-sale devices. He holds a bachelor’s degree in mechanical engineering from Pune University.
Subhadip Roy
Subhadip Roy is a Research Analyst at Counterpoint, specializing in IoT cellular modules, chipsets, NAD modules, Satellite IoT, and IoT applications. With a technical background, Subhadip holds a B-Tech degree in Electrical Engineering from West Bengal University of Engineering. He contributes to research and analysis in the evolving IoT industry, with a focus on technological advancements and market trends.